Gold Money Bill

A cited record of state legal tender and bullion tax law

Reference record

State gold and silver money law

22 of the 24 states this site has researched charge no state sales tax on an ordinary bullion purchase, as last checked on . 5 of those levy no general sales tax at all, so they exempt nothing because there is nothing to exempt; the other 17 carry a bullion exemption written into their tax code.

That ratio is not a national picture. The 24 researched states were mostly chosen because something happened there legislatively, which tilts the set toward states that have exemptions, and the remaining 26 states are counted in nothing above. The methodology page shows the derivation, the denominator, and the specific states where a different definition of "exempt" would move the number.

What this site is

A record of what each state's law says about gold and silver: whether a bullion purchase is taxed, whether the metal is recognized as legal tender, whether gains on it are taxed by the state, and whether a state depository exists. Each finding names the document it rests on, and every published state carries the date a person last read those documents.

Where nobody has read the statute yet, the row says so and stops. It does not carry a value copied out of another summary, and it does not carry a guess wearing the clothes of a finding. That is the whole reason a figure here is worth citing: you can audit it.

This site sells nothing. It carries no advertising, takes no sponsorship, links to no dealer, and has nothing to sell you whether the answer for your state is yes or no.

The comparison record

The first ten states alphabetically, out of fifty. Of those ten, 4 carry no finding, which is what the coverage gap looks like without it being rounded away.

Sales tax, legal tender, income tax on gains, and depository status. First ten states alphabetically; the full table covers all fifty.
State Sales tax on bullion Legal tender Capital gains Depository Verified
Alabama Exempt with conditions Recognized Not taxed None
Alaska No state sales tax Not recognized No exemption None
Arizona Exempt Not recognized Not taxed None
Arkansas Exempt Recognized Not taxed None
California Not yet researched Not researched Not researched Not researched Not researched
Colorado Not yet researched Not researched Not researched Not researched Not researched
Connecticut Not yet researched Not researched Not researched Not researched Not researched
Delaware No state sales tax Not recognized No exemption None
Florida Exempt with conditions Recognized Not taxed None
Georgia Not yet researched Not researched Not researched Not researched Not researched

The full fifty state table

Sections

What is not covered

26 of the fifty states have not been researched for this record and are excluded from every figure on this page. They appear in the comparison table marked as unresearched rather than being filled in from a secondary summary. Research is ongoing and the figures move when it lands, because they are computed from the records rather than written into the page.

Local sales tax is out of scope throughout. Every sales tax finding here is about the state levy, and a county or municipal tax can still apply where a state one does not. Nothing on this site is legal or tax advice. The methodology page sets out the limits in full, including the one place where the underlying data cannot yet support a count at all.